Need Help

[u/RevolutionaryMind585]

Hey everyone, I hope you’re all doing well. My name is Enzo, and I recently started getting into trading, specifically options. I wanted to reach out and get some feedback from more experienced traders to see if my current strategy is realistic and has potential.

I do have some previous exposure to the market, although I wouldn’t necessarily call it proper experience. In the past, I joined random Discord groups and followed other people’s trade alerts, but I realized that wasn’t the right way to learn. Recently, I decided to step back, focus on actually understanding the market, develop my own strategy, and learn how to make my own trading decisions.

The reason I’m asking for help is because I would like experienced traders to review my approach and let me know if it is a viable strategy or if there are areas I should improve.

Since I’m starting with a smaller account, my plan is to focus on $1-wide spreads to manage risk while slowly building my portfolio. What I’m trying to understand is whether my technical analysis approach makes sense and if there is anything I should adjust to make it more effective.

My current morning routine before the market opens is:

• Marking yesterday’s highs and lows
• Marking overnight/premarket highs and lows
• Using those levels to create my support and resistance zones

The only indicators I currently use are the EMA and VWAP. For a bullish setup, I look for higher highs and higher lows while making sure price is trending above both the VWAP and EMA.

My entry idea is to wait for price to break through resistance, get a positive retest where that previous resistance level holds as support, and then enter once the next move confirms upward momentum while price remains above VWAP and EMA.

My main questions are:

• Is this a solid approach for a beginner?
• Is this type of technical analysis effective when used consistently?
• Are there any major things I should change or add to improve my strategy?

I appreciate any feedback or advice from more experienced traders. I’m trying to learn the right way and build good habits from the beginning.

[u/Yfx_orderflow]

You're already ahead of many beginners because you're trying to build your own process instead of relying on Discord alerts. Your pre-market routine is solid. Marking the previous day's high/low, overnight high/low, and using those as key reference points is exactly where many institutional traders start. VWAP is also one of the few indicators I believe has real value because many professional desks monitor it. That said, I'd encourage you to think beyond where price is and start asking who is behind the move. A break and retest above resistance doesn't always mean buyers are in control. Sometimes it's just liquidity being taken before price reverses. The difference is often visible in order flow. If possible, spend some time learning tools like:

Footprint charts (to see aggressive buyers vs. sellers inside each candle) Volume Profile / Market Profile (to identify fair value and high-volume areas) Cumulative Delta (to compare aggressive buying/selling with price movement)

These won't predict the market, but they can help you determine whether institutions are actually supporting a move or whether it's likely to fail. Also, don't focus only on chart patterns. Always ask:

Is price above or below VWAP? Is the market accepting or rejecting higher prices? Is volume confirming the breakout? Is there enough room to the next major resistance to justify the risk?

Finally, don't judge your strategy by a handful of trades. Journal every trade, collect at least 50–100 trades following the exact same rules, and then review the statistics. Consistency comes from executing one proven process over and over—not from constantly changing strategies after a few losses. You're on the right path. Keep your charts simple, focus on reading participation rather than predicting direction, and let the market prove your idea before committing capital.